Top Banner
GlassPro, SignagePro, and MaintenancePro (GSM) Programs Christal Huft Program Director
13

Glass, Sign & Maintenance Programs

Jun 26, 2015

Download

Business

NIP Group

Introduction to GlassPro, SignPro and MaintenancePro for businesses and brokers.
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: Glass, Sign & Maintenance Programs

GlassPro, SignagePro, and MaintenancePro (GSM) Programs

Christal Huft Program Director

Page 2: Glass, Sign & Maintenance Programs

NIP Group

Ranks among “top 100” business insurance and risk management intermediaries

Provides a wide range of brokerage, underwriting, and risk management services

Holds extensive knowledge of key markets

Offers exceptional coverage, competitive commissions, and fast, efficient service

Complements insurance products with industry focused value added services

Page 3: Glass, Sign & Maintenance Programs

Agenda

Thanks for joining us! WHAT’S NEW

PROGRAM OVERVIEW:

APPETITE

COVERAGE HIGHLIGHTS

VALUE ADDED SERVICES

SUMMARY: WHY NIP

SUBMISSION PROCESS

Q&A

Page 4: Glass, Sign & Maintenance Programs

What’s new What’s New Appetite Coverage

Highlights Value Added

Services Why NIP Submission Process Q&A

Broadened appetite & coverage

BOP Platform, smaller minimum premium

Preferred pricing for risk management

Quarterly newsletters

Improved supplemental application

Page 5: Glass, Sign & Maintenance Programs

Underwriting appetite

Target classes

What’s New Appetite Coverage Highlights

Value Added Services Why NIP Submission

Process Q&A

GlassPro® Glass and Glazing

Contractors Glass Merchants Glass Installers Auto Glass Repair &

Installation

MaintenancePro® Janitorial Services Window Cleaning Carpet and Upholstery

Cleaning Indoor/Outdoor

Maintenance

SignagePro® Sign Manufacturers Sign Installers Outdoor Advertising Sign Shops Awning Shops

Not looking for: • Restoration services

• Prefabricated window and door installation • Pest control services

• Refineries or Petrochemical facilities

Page 6: Glass, Sign & Maintenance Programs

Commercial Package Policy (Admitted, ISO based)

General Liability, with options: Employee Benefits Liability Limited Pollution

Property, with options: Building & Contents Business Income Equipment Breakdown Inland Marine Installation Floater Crime

Umbrella available, up to $10M WC available on most classes

Coverage highlights: Commercial Package What’s New Appetite Coverage

Highlights Value Added

Services Why NIP Submission Process Q&A

Industry Specific Enhancements: Key and Lock Replacement

Ordinance Or Law Coverage

Personal Effects & Property Of

Others

Property In Transit

Valuable Papers And Records

Property damage to borrowed

equipment

Blanket Additional Insured

Per project aggregate

Primary Wording

Waiver of Subrogation

Page 7: Glass, Sign & Maintenance Programs

Businessowners’ Policy (Admitted, ISO based)

General liability , with options: Employee Benefits Liability Employment Practices Liability Printers E&O

Property, with options: Building & Contents Business Income Equipment Breakdown Contractors Installation Tools

And Equipment

Umbrella available, up to $10M WC available on most classes

Coverage highlights: BOP What’s New Appetite Coverage

Highlights Value Added

Services Why NIP Submission Process Q&A

Industry Specific Enhancement: Property in Care Custody Control

Lost Lock & Key Coverage

Employee Dishonesty

Valuable Papers

Electronic Data

Accounts Receivables

Property off premises/in transit

Blanket Additional Insured

Per project aggregate

Primary Wording

Waiver of Subrogation

Business Income – ALS

Page 8: Glass, Sign & Maintenance Programs

Commercial Auto (Admitted, ISO based)

Hired & Non-Owned; Owned Auto, with options: Rental Reimbursement Drive other Car Garage Keepers Liability Liability coverage for truck-

mounted cranes and installation Glass Racks – Replacement

Cost

Coverage highlights: Commercial Auto What’s New Appetite Coverage

Highlights Value Added

Services Why NIP Submission Process Q&A

Industry Specific Enhancement: Blanket Additional Insured

Primary Insurance When

Required by Contract

Waiver of Subrogation

Hired Physical Damage

Loan / Lease Gap

Glass repair – waiver of

deductible

Page 9: Glass, Sign & Maintenance Programs

Value added services

Industry specific loss prevention Newsletters

On-site & phone surveys

Personalized Claims Services Customized reports available

Experienced TPA

Claims reviews

Internal Claims

Director/Liaison

Agent support Voluntary Risk

Management credit available

Discounts with partner vendors

Discounted MVRs

Training material

“How’s my Driving” decals with monitoring services

GPS services

What’s New Appetite Coverage Highlights

Value Added Services Why NIP Submission

Process Q&A

Page 10: Glass, Sign & Maintenance Programs

Why NIP What’s New Appetite Coverage

Highlights Value Added

Services Why NIP Submission Process Q&A

A rated by A.M. Best (financial strength) products

Admitted paper

Fast turn-around

Consistency in the market place with competitive pricing

Niche focused underwriters

Forms designed with broad coverage

We offer a total account solution

Our programs are tailored for the unique needs of the industry

Value added services/loss control and risk management tools

Experienced claims management

Flexible installment premium plans available

Excellent customer service

Page 11: Glass, Sign & Maintenance Programs

Submission process

Submission Requirements: NIP Supplemental application

Competitor applications accepted for quoting ACORD applications 4 years loss runs

If less than 3 years experience: resume and financials

Submit to: [email protected]

Most complete submissions turned around within the week!

What’s New Appetite Coverage Highlights

Value Added Services Why NIP Submission

Process Q&A

Page 12: Glass, Sign & Maintenance Programs

Q&A What’s New Appetite Coverage

Highlights Value Added

Services Why NIP Submission Process Q&A

Page 13: Glass, Sign & Maintenance Programs

Thank You!

Christal Huft

Program Director – GlassPro, SignagePro & MaintenancePro [email protected]

P: (800) 446-7647

F: (732) 791-4086

www.nipprograms.com